CPI and Inflation Rates for June 2016

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Kenya National Bureau of Statistics hereby releases Consumer Price Indices (CPI) and inflation rates for June, 2016. These numbers have been generated using data collected during the second and third weeks of the month under review. The prices were obtained from selected retail outlets in 25 data collection zones located in Nairobi and 13 other urban centers.

The CPI increased by 1.05 per cent from 167.99 in May 2016 to 169.76 in June 2016. The overall inflation rate in June 2016 stood at 5.80 per cent. Download CPI and Inflation Rates for June 2016

 

Quarterly Gross Domestic Product and Balance of Payments Report: First Quarter 2016

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The Kenya National Bureau of Statistics (KNBS) hereby releases provisional GDP estimates for the First Quarter 2016, which shows that the economy expanded by 5.9 per cent compared to a growth of 5.0 per cent in the corresponding quarter of 2015. Download First Quarter 2016

 

Child Poverty Study in Kenya Launched

Kenya National Bureau of Statistics (KNBS), has officially launched the Child Poverty Study in Kenya. The study will be carried by KNBS, in conjunction with UNICEF and Economic Policy Research Institute of South Africa (EPRI) have
The Study will generate child poverty evidence that will enable the government and stakeholders to track child poverty and their wellbeing. At the long run, this will help the Government formulate policies that will help realise the Sustainable Development Goals (SDGs).

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(From left) KNBS Director General Zachary Mwangi, Mr. Saitoti Torome – Principal Secretary State Department of Planning and Statistics and Dr. Pirkko Heinonen UNICEF Kenya Representative

Purpose/Issue
Sustainable Development Goals (SDGs)
No recent comprehensive child poverty estimates for national and county exist in Kenya to guide planning and budgeting for children’s investments. The current child poverty study is the first rigorous attempt to measure child poverty in its many dimensions. The conclusion of the study will also provide baseline child poverty estimates for SDG 1 target 1.2 (poverty in all its forms) and to some extent SDG 10 (inequality). The child poverty evidence generated by the study will enable Government and stakeholders to sytmaticlly track child poverty and wellbeing, as well as overall progress in realization of children’s rights in Kenya.

Background

The new Sustainable Development Goals (SDGs) agenda encourages countries to end poverty all forms of poverty for all men, women and children in a sustainable manner. To achieve that goal, countries are encouraged to increase their investment especially to the most vulnerable and marginalised.

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Mr. Zachary Mwangi, Director General Kenya National Bureau of Statistics, giving his speech

Kenya’s Constitution (Article 43 and 53) provides for a range of protections and rights for all children in Kenya, including the rights to health, water, housing, education, and protection. Kenya is also obligated through ratification of the CRC to ensure that these rights are realised by all children. While Poverty estimates for rural and urban areas are estimated at 50.3% and 33.5% these estimates have not given adeqaute attention and focus to child poverty and the multipple derpivations that are being faced by children. And while, several indicators of children’s development and rights are routinely monitored, including a range of nutrition and health related indicators, educational enrolment and completion, and access to other services, rigourous child poverty estimates for national and ocunty have not been estimated. It is against this background that the KNBS in collaboration with UNICEF have partnered to conduct a child poverty and deprivation analysis initially using the 2014 KDHS and later the KIHBS 2016. Such analysis is also necessary to provide evidence to not only infleunce policies, plans and budgets but also to support the monitoring of progress and the evaluation of programme interventions.

Progress so far
In early 2016 KNBS established a partnership with UNICEF to specifically conduct a comprehensive Child Poverty Study. UNICEF is providing both financial and technical support towards this study. In summary the execution of the child poverty study will be expected to deliver on the following:
• to assist Government of Kenya to define the baseline for the SDG 1;
• increase national knowledge about child poverty (in both dimensions of non-monetary and monetary) in Kenya;
• develop national capacity to measure child poverty and develop evidence based advocacy materials for national and county level,

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Dr. Pirkko Heinonen UNICEF Kenya Representative and KNBS Director General Mr. Zachary Mwangi

KNBS and UNICEF have engaged a technical institution by the name EPRI (Economic Policy Research Institute of South Africa) to conduct the study in collaboration with a technical working group comprised of KNBS officers and line ministry staff of Social Sectors. A steering reference group has also been established to supervise the analysis and guide the production of a report for disseminate.
The preliminary results of the analysis are now ready to be shared with stakeholders on the 10th June 2016. The validated final report is expected towards the end of October 2016.

Conclusion and Recommendation
In as far as KNBS is technically concerned the launch of the child poverty study will bring together key stakeholders who will provide insights on how best child poverty results should be presented, as well as utilized to improve child outcomes in Kenya. You presence to grace the occasion will not only signify our Governments commitment to the agenda on SDGs but also the fact that children are Kenya’s future and investing in their wellbeing is investing in the wellbeing being of this country.

INBOUND AND OUTBOUND TOURISM EXPENDITURE SURVEYS 2015/2016 – 2ND PHASE

INBOUND AND OUTBOUND TOURISM EXPENDITURE SURVEYS 2015/2016 – 2ND PHASE
Kenya National Bureau of Statistics (KNBS) initiated the process of implementing Tourism Satellite Account (TSA) a task that calls for concerted efforts by all producers and users of the tourism statistics in Kenya.
Inbound/Outbound Tourism Expenditure survey will quantify inbound and outbound tourism which involves measuring the volume and expenditure patterns of tourists.
So far, KNBS in conjunction with the Ministry of Tourism, Department of Immigration Services, Central Bank of Kenya and Kenya Tourism Board have conducted a number of Inbound and Outbound Tourism Expenditure Surveys to collect data towards development of the TSA. The last of such a survey was undertaken in December, 2015 for the high season (Phase 1). The low season (Phase 2) has been planned to be conducted in selected border stations for a period of 15 days between 30th May and 20th June, 2016.

Data Collection
Data will be collected by research assistants at the eight selected border stations, namely (Jomo Kenyatta International Airport, Moi International Airport, Lunga Lunga, Namanga, Busia, Malaba, Taveta and Isebania).
A survey team comprising of research assistants and supervisors will be interviewing tourists who will be departing (non-Kenyan residents) and those arriving (Kenyan residents), and recording information on questionnaires.

Expected Output
The survey is designed to achieve the following outputs at the end of the exercise;
• Form part of an integrated approach in developing and formulating a Tourism Satellite Account (TSA) for Kenya
• Determine the expenses incurred and activities Inbound and Outbound visitors participate in, the transport and accommodation types used and places visited
• Provide demographic information about Inbound and Outbound visitors and their reasons for travelling.

INFORMAL CROSS BORDER TRADE SURVEY-2nd CYCLE 2015/16

INFORMAL CROSS BORDER TRADE SURVEY-2nd CYCLE 2015/16
1. Introduction
Informal Cross-Border Trade (ICBT) refers to trade transactions of goods that involve residents and non-residents across the economic boundaries that are largely not recorded by Customs authorities. ICBT is legal activity which involves trade in goods that are easily identified and can be recorded. Kenya National Bureau of Statistics (KNBS) conduct ICBT Surveys, to supplement merchandise data obtained from Customs. The survey therefore generate information on informal trade transactions to be used for improving the coverage and completeness of external trade statistics. The survey will provide insights on the economic interdependence between the neighboring countries and the dynamics of international demand for these products.
ICBT surveys are implemented in cycles in order to take into account the characteristics and seasonality of prevailing habits of informal trade. The 1st Cycle of the ICBT Survey 2015/16 was conducted in November, 2015 whereas, the 2nd started on 30th May – 20th June 2016.

2. Objective
The main objective of ICBT 2015/16 survey is to collect data and information on the magnitude and direction of unrecorded trade. Data and information collected will be used to compile external trade, balance of payments and national accounts statistics for 2016.

3. Data Collection
The 2nd Cycle of ICBT Survey 2015/16 commenced on 30th May, 2016. The data collection will be undertaken at selected border stations, namely: Lunga Lunga, Shimoni, Isebania, Busia, Malaba, Lwakhakha, Namanga, Mandera, Moyale, Rhamu, Lokichoggio, Loitokitok, Taveta.

4. Legal Framework
The data is collected under the Statistics Act, 2006 that authorizes KNBS to collect, analyze and disseminate statistical information, as well as coordinate the National Statistical System (NSS).

5. Collaboration with other institutions
The survey is carried out in collaboration with stakeholder institutions that include the Central Bank of Kenya, the Kenya Revenue Authority and Ministry of Industry, Trade and Cooperatives.

 

Leading Economic Indicators April 2016

lei042016The Leading Economic Indicators highlights trends in Consumer Price Indices (CPI) and inflation, interest rates, exchange rates, international trade, agriculture, energy, manufacturing, building and construction, tourism and transport.
Consumer Price Index (CPI) expanded from 165.92 points in March 2015 to 167.07 points in April 2016. The overall rate of inflation contracted from 6.45 per cent to 5.27 per cent during the same period. In April, 2016 the Kenyan Shilling appreciated against the Sterling pound, the Euro and the Uganda shilling while apppreciating against the US Dollar and the Tanzania shilling.
The average yield rate for the 91-day Treasury bills, which is a benchmark for the general trend of interest rates, rose from 8.72 per cent in March 2016 to 8.92 per cent in April 2016. However, the inter-bank rate fell to 3.92 in April 2016 from 4.04 per cent in March 2016.
The Nairobi Securities Exchange (NSE) 20 share index expanded from 3,982 points in March 2016 to 4,009 points in April 2016, while the total number of shares traded decreased from 536 million 426 million shares during the same period. The total value of NSE shares traded dropped from KSh 13.45 billion in March 2016 to KSh 10.07 billion in April 2016.
Broad money supply (M3), a key indicator for monetary policy formulation rose from KSh 2,662.63 billion in March 2016 to KSh 2,691.69 billion in April 2016.
Gross Foreign Exchange Reserves increased from KSh 991.42 billion in March 2016 to KSh 1,003.36 billion in April 2016. Net Foreign Exchange Reserves expanded from KSh 473.46 billion in March 2016 to KSh 492.02 billion in April 2016. Download Leading Economic Indicators April 2016

 

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